richrdinbellingham

Markets Are 'Free Fallin'

I like this article, it's timely, broad based, full of facts and brutally truthful.

Silver, SLV, has sold off terrifically proving that its an industrial metal and not an investment metal.

And you relate that Russia is down nearly 45% over the past few months.

Well the reason for The Falling is that the EUR/USD is falling; yes a falling Euro, FXE, is the culprit.

A falling Euro means a rising US Dollar, DXY, and a rising UUP, and a falling oil, USO,

The falling EUR/USD is like the falling EUR/JPY. Both of these currency pairs are unwinding which is something I talk about in the linked article Which Way For Gold And The US Dollar?